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Joint Ventures Involving Tax-Exempt Organizations » (2nd Edition)

Book cover image of Joint Ventures Involving Tax-Exempt Organizations by Michael I. Sanders

Authors: Michael I. Sanders
ISBN-13: 9780471298458, ISBN-10: 047129845X
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: January 2000
Edition: 2nd Edition

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Author Biography: Michael I. Sanders

Michael I. Sanders heads the Tax Department at Powell Goldstein, LLP in Washington, D.C., Atlanta, Georgia and Dallas, Texas. He served with the U.S. Department of Justice (Attorney General’s Honors Program 1967–1968; Attorney advisor to the Assistant Secretary for Tax Policy, Office of Tax Legislative Counsel, 1968–1970) and was formerly Chairman of the Exempt Organizations Committee, Tax Section of the American Bar Association, Member of the Internal Revenue Service Commissioner’s Exempt Organizations Advisory Group. He is presently a member of the American Institute of Certified Public Accountants.
Mr. Sanders is an adjunct professor of taxation at Georgetown University Law School, teaching tax treatment of charities and other nonprofit organizations, and at George Washington University Law School, teaching income taxation of partnerships and subchapter S corporations.
Mr. Sanders has co-authored Private Foundations—Taxable Expenditures, Tax Management Portfolio, 293–3rd , and authored, "Exploring the Role of the Tax Attorney", Tax Settlements and Negotiations: Leading Lawyers on Issuing Tax Opinions, Managing Audit Situations, and Representing Clients before the IRS, 2006. Mr. Sanders was named by the Washington Business Journal as one of the City’s Top Ten Lawyers and the City’s Top Tax Lawyer in 2004. Mr. Sanders was selected for both the 2007 and 2006 editions of Best Lawyers in America and has also been honored as one of “Washington D.C.’s Legal Elite” by Smart CEO Magazine for 2006 and 2007. Mr. Sanders speaks at numerous conferences and forumsaround the country and regularly serves as an expert witness in complex cases involving federal income tax.
Mr. Sanders earned his LLB at New York University, and his LLM at Georgetown University.

Book Synopsis

Joint Ventures Involving Tax-Exempt Organizations includes the latest case law, treasury regulations, and IRS rulings to enable nonprofits to maximize their financing without jeopardizing their tax-exempt status.

Table of Contents

Ch. 1Introduction: Joint Ventures Involving Exempt Organizations Generally1
Ch. 2Taxation of Charitable Organizations27
Ch. 3Taxation of Partnerships and Joint Ventures72
Ch. 4Joint Ventures Involving Exempt Organizations Generally: An Overview118
Ch. 5Private Benefit, Private Inurement, and Excess Benefit Transactions181
Ch. 6The Exempt Organization as Lender or Ground Lessor223
Ch. 7The Unrelated Business Income Tax243
Ch. 8Debt-Financed Income289
Ch. 9Limitation on Excess Business Holdings308
Ch. 10Impact on Taxable Joint Ventures: Tax-Exempt Entity Leasing Rules316
Ch. 11Healthcare Entities in Joint Ventures328
Ch. 12Low-Income Housing and Rehabilitation Tax Credits416
Ch. 13Joint Ventures with Universities447
Ch. 14Business Leagues Engaged in Joint Ventures476
Ch. 15Nonpartnership Alternatives for Raising Capital: Qualified [actual symbol not reproducible]501(c)(3) Bonds496
Ch. 16International Joint Ventures530
Ch. 17Exempt Organizations Investing Through Limited Liability Companies550
Index579

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